Definition
The total rent a property would produce at full occupancy and market rents.
Example
Gross potential rent of $214,000 less vacancy and loss to lease produced actual collections of $189,000.
Related terms
Frequently asked questions
What does Gross Potential Rent mean in real estate?
The total rent a property would produce at full occupancy and market rents.
How is Gross Potential Rent used in practice?
Gross potential rent of $214,000 less vacancy and loss to lease produced actual collections of $189,000.
This definition is provided for educational purposes. Legal and tax terminology can carry jurisdiction-specific meaning — confirm with a licensed professional before relying on it in a transaction.